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Electric car demand rises in Europe amid Middle

  • 20th April 2026
Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar plans ₦500bn rights issue for growth

  • 20th April 2026
EU rules out fee for tech giants under digital markets act

EU antitrust chief rejects push to relax merger

  • 20th April 2026

Brent nears $95 over fears of US-Iran ceasefire

  • 20th April 2026

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UK declines participation in US-led Strait of Hormuz blockade

The United Kingdom has said it will not join a proposed United States blockade of the Strait of Hormuz, creating another area of disagreement between President Donald Trump and Prime Minister Keir Starmer over the Iran conflict. In a statement on Sunday, the British government reiterated its support for freedom of navigation and the reopening […]

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Naira holds steady at ₦1,358/$ in official market

The Nigerian Naira opened the new trading week with slight variations against the United States Dollar on Monday, April 13, 2026, across the various segments of the foreign exchange market. In the Nigerian Foreign Exchange Market, which serves as the official trading window, the Naira began the session at approximately N1,358.84 per Dollar. Real-time data […]

Why Nigerian insurance is one of the lowest globally - CPPE
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CPPE warns W’Bank import proposal could hurt Nigeria’s economic growth

The Centre for the Promotion of Private Enterprise has warned against a World Bank proposal to expand the importation of petroleum products and food, cautioning that such a move could undermine Nigeria’s recent economic progress. Speaking on Sunday, the Chief Executive Officer of CPPE, Dr. Muda Yusuf, described the recommendation in the World Bank’s Nigerian […]

Business

NUPRC unveils reform to boost Nigeria’s oil output

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled an ambitious reform agenda to boost crude oil production, restore investor confidence, and position Nigeria as a competitive global energy destination. In her maiden interview published in the latest edition of The Upstream Gaze, the commission’s media publication obtained by […]

Dangote Sugar exceeds N1tn market cap level 
Business

Minister tasks Dangote Sugar on 600000 tonnes capacity by 2030

The Minister of State for Industry, Senator John Owan Enoh, has tasked the management of the Dangote Group of Companies to expand the annual production capacity of its subsidiary, the Dangote Sugar Refinery, to 600,000 metric tonnes by the year 2030. The Minister, accompanied by Kamar Bakrin, Executive Secretary of the National Sugar Development Council, […]

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NAF launches probe into civilian deaths in Borno market strike

The Nigerian Air Force has commenced an investigation into reports that an airstrike conducted on Saturday, April 11, 2026, may have affected a local market in Jilli, Borno State, allegedly resulting in civilian casualties. In a statement on Sunday by the Director of Public Relations and Information, Ehimen Ejodame, the NAF said it takes all […]

Business

Trump unveils strict ‘all-or-nothing’ Hormuz blockade after Iran talks fail

United States President Donald Trump announced what he described as an “all-or-nothing” U.S. blockade of the Strait of Hormuz in a Sunday Morning Futures interview, saying the move is aimed at cutting off Iran’s oil revenues and insisting that no country, ally or adversary, would be allowed to bypass the restrictions. “We’re not going to […]

Business

US, Iran fail to reach agreement after 21 hours talk

The United States and Iran have failed to reach a deal to end the ongoing conflict in the Middle East after 21 hours of negotiations. The talks, which concluded in the early hours of Sunday, April 12, in Islamabad, Pakistan, were confirmed by U.S. Vice President JD Vance, who said both sides remained deadlocked on […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Philippines urges Meta to crackdown on online disinformation

The Philippine government has urged Meta Platforms Inc. to act swiftly to curb what it describes as the spread of false and panic-inducing content across Facebook and its other platforms. Officials cautioned that failure to respond promptly could trigger legal and regulatory action, According to Bloomberg. In a statement issued by the Presidential Communications Office, […]

Meta offered $100m bonuses to lure OpenAI staff, Altman alleges
Business

Sam Altman addresses alleged residence attack, media scrutiny

OpenAI Chief Executive Officer Sam Altman has published a blog post addressing both an alleged attack on his residence and a recent in-depth profile by The New Yorker that questioned his credibility. On Friday morning, an individual allegedly hurled a Molotov cocktail at Altman’s home in San Francisco. No injuries were reported. According to the […]

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Oyedele dismisses claims of errors in new tax reform laws

The Minister of State for Finance, Taiwo Oyedele, has dismissed reports claiming he admitted to errors in Nigeria’s new tax reform laws, describing the publications as “misleading” and a misrepresentation of his remarks. In a statement by the Presidential Fiscal Policy and Tax Reforms on Sunday, Oyedele clarified that his comments at a recent Nigerian […]

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